#company

Does anyone have any thoughts going into the Earnings Call? This will be the first time Amit presents in front of the investors.

Executives are coming for our jobs and we have to come together to stop it. We need a white collar union!

When will this be over damn it?

Does anyone have dates for the 2026 show yet? I haven't seem them in the media.

Was anyone told that merit increases were not going to be given to 3's this year? Was told it was company wide. Is that true?

Trump Justice Department should look into this for all businesses

https://finance.yahoo.com/news/t-sued-york-city-pension-183955729.html

"I want to be fully clear and transparent on the great place to work programme"

doesn't mention that Cisco buys their way to the top
Ok

I think it's worth simplifying the story what is actually being investigated by the SEC. Basically, in March 2025 Gotham City Research accused Kyndryl and namely CEO & chairman Martin Schroeter of major issues surrounding cash flow. Firstly, it is important to note that Martin, as chairman, created a pay package for himself based mostly on the metric of free cash. Over 50% of his compensation is based on free cash. Since the report came out almost a year ago, Martin cannot claim ignorance.

So, what is free cash? Free cash is essentially the extra spending money a business has. So, they are free to use it as they please.

Now, the issues are that Kyndryl was sure doing a lot of gymnastics to inflate this number.

One allegation is that Kyndryl sold receivables to the bank and called that "revenue". Receivables are essentially IOUs for one-time payments. Kyndryl sold those to the bank and made it look like these loans are recurring revenue.

The allegations that the SEC are investigating also stem from the Gotham City report. This allegation says Kyndryl aggressively timed vendor payments to increase cash holdings and called that cash "free". This is like showing your spouse how much "spending money" you have in your bank account but failing to tell them you have that money because you missed your house payments. They have admitted to abnormalities in delaying vendor payments between quarters, which means they were punting expenses into away to call the cash to pay those expenses "free cash". That is clearly fraud.

Recently, Kyndryl, upon disclosing this information fired their CFO and general counsel, while claiming these two executives were not transparent with the CEO or the board. However, Kyndryl has decided NOT to let CEO Martin Schroeter lead any remediation plan, which will instead be led by the brand new interim CFO and interim general counsel. This is an obvious break showing they don't think shareholders trust Martin anymore.

Basically, if these allegations prove true, Martin will have to argue in court that he was an oblivious id--t instead of a criminal.

More details in the comments https://www.linkedin.com/posts/activity-7427118095061819392-rD0R?utm_source=share&utm_medium=member_ios&rcm=ACoAAAdeT6sBq6HR8cmvn-Ypy8_0uJhVxf9JjF4

Things I’ve learned in 3 years of reading this board and working at WF

1) The CEOs real name is Schart
2) Every Tuesday after a paycheck is going to be a bloodbath
3) The lady that works in the cafeteria can really annoy someone
4) Sol gets free stuff and announces it every Friday in an Email
5) TK doesn’t know the difference between Netscape and Netflix.
6) Sommerseve and the rest of the WIM execs are moving to Palm Beach and that annoys most people.
7) Mr Flowers smells like #6’s name
8) Some leader on Long Island is a nepo baby hire and is bad at their job
9) SuMo is a person in risk that is not nice but no one knows who the heck they are talking about
10) Everyone who posts on this board knows an Exec who told them something or overheard a conversation from a c suite person had
11) RTO is not fair. It’s just not fair

OKC based oil companies companies are exiting the city and state for Houston Texas. Ovintiv has divested Anadarko holdings. 10 years ago the investment world couldn’t get enough of the SCOOP and STACK. Now the investment community is far less interested in any OK investment. What factors are at play and what will OK oil industry look like in the near future.

Asurion is supposedly trying to expand service offerings and improve culture but internally we are hearing that they are planning to hire Andrew Brady from Verizon. He was let go from Verizon fie being unscrupulous in his sales practices and treating employees like trash. If that's the new direction at Asurion , Guru should be ashamed

No company is perfect.

But as a customer of Progressive for 26 years.

This is what sets them apart.

Excellent customer service overall, and recognition of tenured customers (clients).

Their website is excellent for customers also, my home; and auto policies; are both there.

If, and when; I need to call them; and need to speak to a live person; I am immediately bumped to the front of the line.

They also take care of my policy in regards to overall cost.

Not sure how State Farm does things, but wanted to mention.

Some of the WFH bosses don't even have fingers. I wouldn't sweat it. Just milk them dry. Just a bunch of old washed up hussies on an ego trip. The experience is more complimentary on a resume then a .50 raise.

It's officially happening, they are firing remote claims and disputes people, anybody who's not close to a hub location. Confirmed with emil from EFDC.
What su-ks is that they hired remote people to help during covid, and it's now they're just letting all those good people go.
Oh, but the plus side?! Their rolls are going to be open for hiring at a hub of course. Insert eyeroll.

Company meeting, a year on and JT is still giggling about the "Difficult conversations" around taking away AEGs

Its been a while since we came here but we are back. So ladies and gentlemen, what is the news?

Before the salary range was said, now there some verbiage leading you to nowhere.
https://fordcareers.co/LL6

Base Salary is determined based on candidate skills and experience bla bla bla and bla bla bla competitive market value.

It reminds me the interview joke, trust me, my skills are awesome.

Any news of layoffs within ECS tomorrow?

https://search.app/66Anh

So, 61 employees in Poland. How about other sites?

WOW! Stores are literal ghost towns- There is NOBODY in the stores- empty aisles, unsold freight, zero employees. This company has been swirling the bowl for the last 2 years. People- get out now. The company is tanking.

In the 2 months displacement notice period, it says it is non-working. Does that also mean we can't work for another company?

What’s up with onsemi selling machines , does it mean anything?

Who else was impacted today?

Are we returning monitors and docking stations?

I asked HR answers and they only itemized laptop and concession device. I specifically asked about desk equipment and they did not reply to that part.
Also in the severance agreement it mentions laptops/other computers and devices. Nothing about Monitors/docking station.

What do we all suggest? Anyone from the previous rounds have any input?

Wow!!! It has been 10 years since commitment runs deep day. Oh how the time flies. I would like to wish all the Coterra people a happy welcome to a wonderful company. Many you enjoy your time at the new and improved Devon and may the odds be ever in your favor.

Last few town halls, CEO in jeans and boots with huge belt buckle, now COO with jeans, sneakers, no collar shirt. Is this now the business casual standard? If so, I’m here for it.

22% raise while the masses get ran off to pay for it. Every single employee is a pawn, a commodity to be used traded and discarded at will. You are no more to her than stapler.

AI promises were made and it did not work out. It will eventually but AI did not bear the fruit (money) that was promised. We’ll have AI in place and it’ll replace “x” number of employees this year. It did not work but even still gotta run off the people to save at least some of the money that was promised. So…YOU are on the chopping block.

Meanwhile, Jane raise\bonus is locked in at the cost of your job. She’s laughing at the fact that you are paying the price and not her.
Those that are left behind the carnage will be worked to death to pick up the slack and again she will chuckle. You guys need to get past the point that she does not care what you do, say, think, suffer through or feel. You are such a non-concern to her much like a discarded bottle cap that you and your well being does not even register as a thought to her. She came from McKinsey for which their sole purpose in life was to help CEO’s determine the best way to sell laying people off for optics.

My advice to tech….leave on your own terms as soon as you can. Be willing to move elsewhere for the same pay and maybe even settle for less but at least you won’t be blindsided. Yes, I am aware it takes a very long time to find something so start searching now rather than after the axe falls. Skill up and go. Either Citi sees the value you bring to the table or they don’t and some other company will. Try branching out to other sectors. As said before a tech person at Citi is not exclusively locked in only to the banking sector. There are other sectors that also use PowerBi, SQL, Exchange, various vendor firewalls, routers, switches, cluster, AD, etc….. crazy, I know, but Citi is not the only ones that uses various technologies. Give other sectors more than a passing glance.

Another American company with 85% of its ‘team’ in low-cost countries and 3 confused dudes in the US pretending to be the HQ. Not really an American company anymore—just a flag of convenience for venture capital. 🇺🇸 in name only.

Lowe’s Co. Inc. detailed plans for a mass layoff. The company disclosed these plans to local and state officials. The affected operations include a technology hub. The company's headquarters is also impacted. Further details were not provided in the available text.

https://www.bizjournals.com/boston/news/2026/02/17/lowes-layoffs-employees-including-mass-workers.htm

Main Street Sports Group announced the closure of its Minneapolis operations. This action will result in approximately 20 employee layoffs. The layoffs are scheduled to take effect starting April 14. FanDuel Sports Network North broadcasts Timberwolves, Lynx, and Wild games. The CEO stated that NBA and NHL broadcasts will continue as planned.

https://kstp.com/kstp-news/local-news/owner-of-fanduel-sports-network-announces-layoffs-in-minnesota/

Does anyone know or heard any rumors when the Hiring Freeze will be lifted? Or will it ever be lifted for Support Center?

Congrats to all.

Looks like layoffs postponed for now.

Anyone else seeing random positions created and prioritized over necessary reqs? Im seeing alot of it now and itn random locations not in the forced “growth locations”

Barclays' new chief executive announced a fresh course for the British lender. He pledged to cut at least 3,700 jobs. The bank will also prune its investment banking division. This aims to rebuild its reputation and boost profitability. The CEO stated ethics would now precede earnings.

https://www.aol.com/news/2013-02-12-barclays-job-cuts-layoffs.html

Live in NJ, but due to. life circumstances will be moving to TN. Is it possible to ask for an exception to be remote? Been with the company for 4 years and got a promotion recently, if any of that matters. Anyone have any experience or know of others that were in a similar position?

TX area. Meeting was scheduled hour in advance.